1-bed · 674 sqftMarina Park, Dubai Marina · 4th floor · completed 2006

415, Marina Park

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 450K3 October 2013
Current rentAED 54K /yr19 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Marina Park

What is 415 worth today?

Last sold for AED 450,000 in 2013

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19 Feb 2024RentedRenewal
AED 54,000/yr12 months · AED 80 per sqft
19 Feb 2023RentedNew contract
AED 45,000/yr12 months · AED 66 per sqft
1 Jan 2021RentedNew contract
AED 34,000/yr12 months · AED 50 per sqft
1 Oct 2019RentedNew contract
AED 46,000/yr12 months · AED 68 per sqft
1 Jun 2018RentedNew contract
AED 51,000/yr12 months · AED 75 per sqft
3 Oct 2013Sold by developerReady
AED 450,000AED 667 per sqft

Source: Dubai Land Department. Updated 19 February 2024.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
4th of 5
Parking
34B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 9,000 /yr
Last sold
AED 450K · October 2013
Building
Marina Park

About 415, Marina Park

415 is a one-bedroom apartment of 674 sqft on the 4th floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. The developer sold it on 3 October 2013 for AED 450,000, or AED 667 per sqft, 7% below the AED 715 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 19 February 2024, is AED 54,000 a year: a gross yield of 12.0% on the 2013 price, before the service charge of about AED 9,000 a year.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical one-bed in Marina Park
500K2009201420192024Typical sale price by year: 2009 AED 343,170; 2010 AED 295,000; 2011 AED 356,250; 2012 AED 370,000; 2013 AED 562,500; 2014 AED 752,500; 2015 AED 650,000; 2016 AED 740,000; 2017 AED 635,000; 2021 AED 500,000; 2022 AED 562,500; 2023 AED 690,000; 2025 AED 700,000; 2026 AED 870,000Sold by developer, October 2013: AED 450,000 (AED 667 per sqft)

415 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 415, each contractTypical one-bed in Marina Park
40K60K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 66,500; 2015 AED 68,250; 2016 AED 70,000; 2017 AED 66,500; 2018 AED 56,500; 2019 AED 52,000; 2020 AED 43,500; 2021 AED 37,000; 2022 AED 49,000; 2023 AED 58,000; 2024 AED 62,680; 2025 AED 65,000; 2026 AED 68,500New contract, June 2018: AED 51,000 a yearNew contract, October 2019: AED 46,000 a yearNew contract, January 2021: AED 34,000 a yearNew contract, February 2023: AED 45,000 a yearRenewal, February 2024: AED 54,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Park, and where 415 sits

All 41 1-beds →

415 last sold in October 2013 at AED 667 per sqft, 7% below what one-beds in Marina Park were fetching at the time (AED 715). Over the last 12 months one-beds sold for AED 840,000 to 900,000, around AED 1,185 per sqft, and rent for AED 55,000 to 80,000 a year. 415's AED 54,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026870,000
21 Feb 2026840,000
2 Jan 2026900,000
8 May 2025625,000
3 1-bed sales in the last 12 months

Marina Park

Building

73 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2006 by Global Realty Partners. 4 sold in the last 12 months.

Typical price per sqft
AED 1,165
Typical sale
AED 885K
Typical rent
AED 85K /yr
Typical yield
7.3%
Marina Park, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 73 units in Marina Park
Value
4011-bedAED 765K · Nov 2023
4022-bedAED 600K · Mar 2023
4032-bedAED 1.15M · Dec 2014
4042-bedAED 1.08M · Oct 2023
4052-bedNo registered sale
4062-bedAED 910K · May 2018
4101-bedAED 680K · Oct 2013
1–7 of 12

415, Marina Park in numbers

  • Sold once: by Global Realty Partners on 3 October 2013 for AED 450,000, or AED 667 per sqft.
  • Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 51,000 to AED 34,000 in 2021 and recovered to AED 54,000 by February 2024.
  • At AED 54,000 a year the gross yield on the 2013 price is 12.0%, before a service charge of about AED 9,000 a year (AED 13.42 per sqft).
  • One-beds in Marina Park sold for AED 840,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.

Source: Dubai Land Department. Updated 19 February 2024.

Questions about 415, Marina Park

What did unit 415 last sell for?

AED 450,000 on 3 October 2013, sold by the developer: AED 667 per sqft for 674 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 54,000 a year on the contract renewed on 19 February 2024. The previous contract, from February 2023, was AED 45,000; the unit has been rented since June 2018.

How big is unit 415?

674 sqft (62.6 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2006.

What is unit 415 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Park sold for AED 840,000 to 900,000 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on 415, Marina Park

Starts from the last sale price (AED 450K, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →